Square Yards Q1FY26: Revenue Up 45%; Gross Margins Double; EBITDA Swings 37 crore YoY
Square Yards reported record Q1FY26 results, with revenue up 45% to INR 378 crore, gross margins doubling to 18%, and EBITDA turning positive at INR 4.4 crore. GTV surged 84% year-on-year, supported by strong real estate and financial services growth, marking the company’s first profitable first quarter.